CHARITY REGISTRATION NUMBER: 282212
Haffield Philharmonic Orchestra
Unaudited Financial Statements
31 July 2024
JANE WATERS
1 Barleycroft Green
Welwyn Garden Cty
Herts
AL8 6JY

Haffield Philharnionic Orchestra
Financial Statements
Year ended 31 July 2024
Page
Trustees, annual report
Independent examinels report to the trustees
Statement of financial activities
Statement of financial position
Statement of cash flows
Notes to the financial statements

Hatfield Philharnionic Orchestra
Trustets. Annual Report
Year ended 31 July 2024
The trustees present their report and the unaudiied financkgl staterrEnts of the charity for the year ended
31 July 2024.
Reference and administratlve detsils
Registsred charity name
Hatfield Philha￿r[•nic Orchestra
Charity rggistrntion number
282212
Prfncipal office
Timbers
Cheverells Green
Markyate
Herts
AL3 8RN
The trustees
Ms J Bedwell
Mrs C Tewson
Mts J Tothill
Mr R Houghton
Mrs H Grant
Miss S Eversden
Independent examiner
Ms Jane Waters
1 Barleycroft Green
Wefvryn Garden Cty
Herts
AL8 6JY
Structure. governance and management
The Haffield Philham￿niC Orchestra perfomis underthe narre the de Havilland Philharmonic Orchestra.
The charity is an unincorporated soaety receiving swnsorship from the University of Hertfordshire Arts
and subscription 1ft￿me from members and patrons of the orchèstra.
The orchestra is managed by a committee of trustees together aSSistsn￿ from a programming
committee and the conductor of the orchestra.
On 20 July 2017 the Trustees set up a subsidiary company. de Havilland Philharmonic Productions Ltd,
for the purpose of producing the concerts in order to claim Orchestral Tax Relief on the costs. These
accounts are not consolidated into the charity accounts, but all costs in¢urred by the subsKliary
company. excepting Orchestral Tax Relief, are reimbursed directly.

Hatfield Philharmonic Orchestra
Trustees. Annual Report(conYnu80)
Year ended 31 July 2024
Objectives and activilles
The objects of the society are:
- to advance, improve, develop and maintain publiceducation in, and appreciation of, the art and science
of music in all its aspects, by any mean5 the trustees see fft. including through the presentation of public
oncerts and recitsls.,
- to fvrther suth charitable purtx)se or pvrposes as the trustees in their absolute discretion shall think fft
bul in particular through the making of grants and donatrons.
In addition lo public con￿rtS and recitals, the Society encourages t￿mmUnty engagement through a
variety of methods., a non*xclusive description is provided below.
Merobership of the Society is open to anyone over the age of 18 and UHArts advertise the orchestra to
all students, music and non-music students alike. Students who are nol members of the orchestra may
also attend rehearsals and the orchestra will rehearse and programTne student compositN)ns for
perf0mlan￿ at suitable occasions.
Members ol the orchestra are avaikqble, as appropriate, for photc%Jraphy for publicty purposes and can
also be available. either individually or in small groups. for interview purposes. to produce material for
publicty and community engagement.
The SocEty works wtth 8rb.st James Mayhew, to produce an innovatwe perfompnce, with the aim of
engaging children and families with classical music. Our famity concert also enables us to work with a
local reading group charity. James Mayhew is supported in his schwl engagement activitie5 by the
orchestra through provision of funds and advice as appropitate.
Athigvements and perfonnance
The orchestra rehearses for and performs 7 concerts during the academic year. the con￿rtS taking
pla￿ at the Weston Auditorium at the Unrversity of Hertfordshire. The concerts are usually reasonably
attended, in particular the Iwo concerts in November together wilh the illustrator James Mayhew.
Financial revigw
The orchestra beneffts from sponsorship for all its con￿rtS from the UnNersty of Hertfordshire, Arts
department, and this income together wilh subscription income. income from orchestra patrons and the
Claiming of gift-aid and orchestra tax relief ￿￿an5 that the orchestra usualty breaks even over the year.
In the 23124 year the orchestra made a small profft of £1,620122123: a ioss of £5,025}.
The orchestra maintains futKls of £49.13712023.. £47,517ito subsidise ftjture concerts in the event of a
change in funding. As in the ptior year Universrty of Hertfordshire, Arts subsidises the orchestra such
that the orchestra r￿￿eS £2,00012022: £2.0001 in fixed fijnding per cOn￿rt plus a percentsge of the
ticket sales. The Orchestra are grateful that the Universjty have confimEd an increase in ticket fvnding
to £3,000 per concert for the 24125 Season.

Haffield Philhamionic Orchestra
Trustee5' Annual Report (conlln
Year ended 31 July 2024
The trustees. arsnual rewwt was approved on 7 November 2024 and Signed on behalf of the board of
trustees by..
Ms J Bedwell
Trustee
Mr R Houghton
Trustee

Hatfield Philharnionic Orchestra
Independent Examiner's Report to the Trustees of Haffield Philhamionic
Orchestrd
Year ended 31 July 2024
I report to the trustees on my examination of the financial statements of Hatfield Philharmonic Orchestra
{'the chaiity'l for the year ended 31 July 2024.
Responsibillties and basls of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Chartties Act 2011 {Ihe ACVI.
I reF)Ort in respect of my examination of the chaTWs financial statements Carried out under section 145
of the 2011 Act and in carying out my examination I have followed all the applicable Directions given
by the Charity Commission under sectK)n 145{5llb) of the Ac
Independent examlne*s statement
I have completed my examinats'on. I confirm that no material matters have come to my attention in
connection with the examination gmng me cause to believe that in any material respect.
accounting records were not kept in respect of the ¢hanty as required by section 130 of the
Act", or
the financial statements do not accord with those records.. or
the financial ststements do not comply wrth the applicable requirements conceming the form
and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008
other than any requirement that the accounts give a 'true and fairf view which is not a matter
consdered as part of an independent examinats"on.
I have no cOn￿mS and have come across other matters in connection wtth the examination to which
attention should be drawn in this report in order to enab￿ a proper understanding of the accounts lo be
reached.
Ms Jane Walers
IndeFendent Examiner
1 Barleycroft Green
Welwyn Garden City
Herts
AL8 6JY
7 November 2024

Hatfield Philharmonic Orchestra
Statement of Financial Activities
Year ended 31 July 2024
2024
Unrestricted Restricted
funds
T￿S Total funds Totsl fvnds
2023
Income and endowments
Donations and legacies
Charitable activsties
Inveslrnent incoff
Other income
22,516
425
22,516
425
386
11.065
17,141
277
140
7,593
25,151
11.065
Total income
34,392
34,392
Expenditure
Expenditure on charitable activities
Total expendlture
32.772
32,772
30,176
30,176
32.772
32,772
Nel incomellexpendlture) and not
movernent in funds
1.620
1.620
15,0251
Reconciliation of funds
Total funds brought forward
Total funds carrled forward
45,399
47,019
2.118
2.118
47.517
52,542
49,137
47.517
The statement of financial activf(ies includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activib"es.
notes on pages 8 to 14 fomi part ofthese finar￿18] ststements.

Haffield Philhamionic Orchestra
Statement of Financial Position
31 July 2024
2024
2023
Fixed assets
Investments
14
Current assets
Debtors
Cash at bank and in hand
15
13,366
35,769
12,875
34,640
49,135
49,135
47,515
Not current assets
47,515
47.517
Totsl assets less current liabilltles
49.137
Funds of the charity
Reslricled funds
unrestn.cted funds
2,118
47,019
2,118
45,399
47,517
Total charity funds
16
49.137
These financial statements were approved by the board of trustees and authorised for issue on 7
November 2024, and are signed on of the tvjard by..
Ms J Bedwell
Trustee
Mr R Houghton
Trustee
The notss on pages 8 to 14 forni part oftheBe financial stst•ments.

Haffield Philharmonic Orchestra
ststement of Cash Flows
Year ended 31 July 2024
2024
2023
Cash flows from operating aclivltles
Net incomel{expenditurel
1,620
15,0251
Adjustments for..
Other interest receivable and similar income
Interest payable and similar charges
(386)
1140)
111
Changes in.-
Trade and other debtors
14911
743
11,7451
16,7991
Cash generated from operatr.ons
Interest paid
Interest received
1111)
140
386
Net cash froml{used inl operating aclivities
1.129
16,7701
Net increasel(decreasel in cash and cash equivalents
Cash and cash equivalents at b8ginnlng of year
Cash and cash ¢quivalents at tnd of year
1.129
34.64D
16,7701
41,410
35,769
34,640
The notes on pages 8 to 14 fomi part of the88 financial statsm•nts.

Haffield Philharmonic Orchestra
Notss to the Financial Statements
Year ended 31 July 2024
General inforniation
The charty is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal olTre is Timbers, Cheverell$ Green. Markyate, Herts.
AL3 8RN.
statement of compliance
These financial statements have been prepared in compliance ￿￿h FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of
Recommended Pfacttce applicable lo charittes preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021 (Charities
SORP IFRS 10211 and the Chartties Act 2011.
Accounting policies
Basis of pr¢pardtlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluat'on of certain financial assets aiKI liabilrties and investment properties measured at fair
value through income or expendrture.
The financial staterrents are prepared in sterling, which is the functional currency of the entrty.
Going concem
The accounts are prepared on a going concem basis. The Tnjstees consider that there are no
material uncertainties that cast significant doubt on the charity's ability to conb.nue as a going
concem.
Judgements and key sources of e816malion uncertainty
The preparation of the financial statements requires management to make judgernents, estimates
and assumptions that affect the amounts reported. These &b"mates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
fvture events that are believed to be reasonable under the circumstsnces.
Significant judgements
The Trustees consmder that the judge￿nts 12part from those involving e5timationsl that
management have made in the process of applying the entrty's accounting policies have no
significant effect on the amunts recognised in the financial Stste￿￿ntS.
Key sources of ests"mation uncertainty
Accounting estimates and assumptions are made con*ming the fijture and, ty their nature, wtll
rarety equal the related actual outcome. The Truslees consider that Ihe key assumptions and other
sources of estimatron uncertainty have no significanl risk of causing a material adjustrnent to the
arrying amounts of assets and liabilib.es vthin the nexi financial year.

Hatfield Philharnionic Orchestra
Notes to the Financial Ststements (contin
Year ended 31 July 2024
Accounting policles (CO￿￿￿￿0)
Fund accounting
Unrestricted fvJrEds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated fvnds are unrestn.cted fijnds earmarked by the trustees for particular fvture project or
commitment.
Restricted funds are subjected to restrictions on their expendi￿re declared by the donor or through
the terms of an appeal, and fall into one of iwo sutrrfiasses." restricted income funds or endowment
funds.
Incoming r￿0￿ree8
All income is included in the ststerr*nt of financial activib'es when entitlement has passed to the
charity, rt is probable that the economic beneffls associated wrth the transaction will flow to the
charity and the amount can be reliabty measured. The following specific policies are applied to
particular categories of income..
- income from donattons or grants is recognised when there is evidence of enb'wement to the gift,
re￿Ipt is probable and its amount be measured reliabty.
- legacy income is recognised when receipt is probable and entrtlement is eslablished.
- income from donated facilities and seryices are recognised in the accounts when received rf the
value can be reliabty measured. No atrKsunts are induded forthe contribution ofgeneral volunteers.
- income from contracts for the supply of ServI￿S is recognlsed wrth the delNery of the contracted
seNice. This is classffied as unrestficted funds unless there is a contractual requirement for it to
be spent on a particular purpose and retumed rf unspent, in which case it may be regarded as
restricted.
- income from tax relief is rectsJnised in the year to which it relates.

Hatfield PhilhanTronic Orchestra
Notss to the Financial Statements (c(¥rfiftu
Year ended 31 July 2024
Accountlng policies {conllnu¢dJ
Resources èxpended
Expendtture is recognised on an acLnJals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fvlty recovered. and is classified under headings of the statement of financial
activities lo which it relates".
expenditu￿ on raising funds includes the costs of all fundraising activitr"es. evenls, non-
charitable trading actsvities, and the sale of donated goc*Js.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
tivities that ftjrther its charitable aims for the benefit of its beneficiaries. including those
support costs and costs relating to the goveman¢e of the charity apportioned to charitable
activities.
otheiexpendtture includes all expendrture that is neither related to raising fvnds for the chanty
nor part of its expenditure on chatitsbie ath"vihes.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single actNty are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they conthbule to on a reasonable, justifiable and consistent basis.
Financial instruments
A financtal asset or a financial Itability is recognised only when the entity becomes a party to the
contractual provisions of the instrumenL
Basic financial instruments are initialty rec(KJnised at the amount r￿1vable or paable including
any related Iransactron costs, untess the arrangement constitutes a financing transactron, where it
is recognised at the present valije of the future payments dI￿oUnted at a market rate of interest
for a similar debt instrument.
Current assets and current 1habi1￿"eS are subsequenuy measured at the cash orother consideration
expected to be paKI or received and rtot dts¢ounted.
L)onations and legacies
Unrestricted Total Funds Unfestricted Total Funds
Funds
2024
Funds
2023
Sponsorship
UH Arts Income
22,516
22,516
17,141
17,141
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Income from sale of programmes
425
425
277
277
10

Hatfield Philharnonic Orchestra
Notes to the Financial Statements (condn￿dI
Year ended 31 July 2024
Investmgnt income
Unreslricted Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Bank interest recewable
140
140
Other incomg
Unrestr￿￿ Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Members subscripbons
Patron subscriptions
Gift aid
9,255
30
1,780
11,065
9,255
30
1.780
6,259
158
1.176
6,259
158
1.176
11.
7.593
7,593
Expenditure on ¢harltable activltles by ￿nd type
unrestri￿ Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Rehearsing for and performing
conTrrts
Support costs
32.737
35
32.737
35
29.230
946
29.230
946
32.772
32.772
30.176
30,176
Expgnditure on charitsble actlvities by activity type
Activtties
undertakeri
directly
Support Totsl funds
costs
2024
Total ftjnd
2023
Rehearsing for and perfoming
concerts
Governance costs
32.737
32.737
29,230
35
32.737
35
32.772
30,176
10. Analysls of support Costs
Totsl 2024 Total 2023
Finance costs
111
11. Independent ¢xamlnation fees
No fees were charged by the Independent Examiner.
12. Stsff costs
11

Haffield Philhannonic Orchestra
Notes to the Financial Statements Icoftthiwd)
Year ended 31 July 2024
12. Staff costs {conthiued)
The average head count of employ￿ during the year was Nil12023.' Nil).
No employee received employee beneffts of more than £60.0(X) during the year12023'. Nil).
13. TTUStee rernunerdtion and expenses
No remuneration or other benefits from employment with the charity or a reiated entity were
received by the trustees.
14. Investments
Shares in
group
undertaklng
Cost or valuatlon
At 1 August 2023 and 31 July 2024
Impalmient
Al 1 August 2023 and 31 July 2024
Carying amount
At 31 July 2024
At 31 July 2023
Al investments shown above are held at valuation.
15. Debtors
2024
2023
Other debtors
13,366
12,875
The debtors mainty relate lo anKJunts owed by de Havilland Philhaffl￿n￿ PrcKJuctions Ltd in
relation the Orchestra Tax Relief.
12

Haffield Philhamionic Orchestra
Notes to the Financial Statements (ctythwdj
Year ended 31 July 2024
16. Analysi$ of charitable funds
Unrgstricted funds
At
1 August 202
At
IncoffE Expenditure 31 July 2024
General fvnds
45.399
34,392
{32,772)
47,019
At
1 August 202
At
Income Expenditure 31 Juty 2023
General fvnds
50,424
25,151
130.1761
45,399
Restri¢t¢d funds
At
1 August 202
At
Income ExFenditure 31 July 2024
R Kitchenman Fund
J Mayhew Fund
1.800
318
1,800
318
2,118
2,118
At
1 August 202
At
Income Expendrture 31 Juty 2023
R Kitchenman Fund
J Mayhew Fund
1,800
318
1,800
318
2,118
2,118
17. Anatysis of nel assets betlveen fvnds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Current assets
47,019
2.118
49,137
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Currenl assets
45,399
2.118
47,517
13

Hatfield Philhamionic Orchestra
Notes to the Financial Statements (¢ortinu6d)
Year ended 31 July 2024
18. Flnancial instruments
The carrying amount for each eategory of ffinancial instrU￿nt is as follows"
2024
2023
Financial assets that are debt Instruments measured at amortised cost
Financial assets that are debt instruments ￿￿Sured at amortised
cost
49.137
47,515
19. Analysis of ¢hanges In ngt debt
At
At
1 Aug 2023 Cash flows 31 Jul 2024
Cash at bank and in hand
34,640
1,129
35,769
20. R8lated parties
The Charity has a 100% subsidiary. De Havilland Philham)onic Productions Limited. This company
was set up for the express purpjse of claiming Orchestra Tax Relief {"OTR"l on all concert
production costs. In order to facilitate this the Charity roans a maximum of £7,000 per concert to
DHP Productions Ltd to fund the costs ofeach concert At the end of the year an amount equalling
the total cost of the concerts less any OTR is billed to the Charity. In this year the amount billed to
the Charty was £32.737 (2023 £28,948}. DHP Production Ltd then Makes the claim for relpf
leaving the subsidiary coinpany with no profit or loss. The OTR receivable is £9,25512023 £9,276}.
14